Towards Data Driven Decisions
- What are Data Driven Decisions?
- Why am I interested in Data Driven Decisions?
- What are some preliminary observations I have about data-driven decisions?
What are Data Driven Decisions?
Data-Driven decisions are the ability to formulate and make decisions out of the data from the real world.
Why am I interested in Data Driven Decisions?
For 2 years in my college, I was very driven to become a data scientist. During that time, I worked a lot with data. Not just looking at data but understanding it. So I have an intuitive sense of it.
I have studied value-based decision making, where we define a value and act according to that value in all situations.
There are some loopholes in the value-based approach and which is feedback. Systems need to be improvised somehow. And especially when we are optimizing a system, we need to know when we have peaked.
We also need to know MED (Minimum Effective Dose). So that we can prioritize other tasks too.
I am also interested in Data-Driven Decisions for deciding what feature to work on and optimizing my workflows.
An interest of mine is Observability in distributed systems.
What are some preliminary observations I have about data-driven decisions?
Data-driven decisions can be totally quantity or qualitative.
Qualitative decisions can be converted to qualitative if they are in the form of a questionnaire.
- Agile Maturity
- Agile Metrics